NOT LISTED FOR SALE

1505 Picardy Dr Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $375,824 - $415,000

4 Beds
3 Baths
2,050 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $195,000 $95 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,301/month

49 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Cottage
  • 2 Car Garage

About This Home

As of December 2016

TWO HOMES ON ONE LOT - Many upgrades. Dual pane windows, new furnace, and more. Well maintained, turn key property. SHOWN BY APPOINTMENT ONLY

Last Agent to Sell the Property

Jeffrey Green

Allison James Estates & Homes License #01519105 Listed on: 09/13/2016

Allison James Estates & Homes

Last Buyer's Agent

Santi Salcido

Century 21 Select Real Estate License #01777870

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 8,237 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Gas Oven

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity gas grounds care sewer trash collection
  • Assessor Parcel Number 037-006-021-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1940
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven
  • Other Equipment: None
  • Flooring: Carpet,Wood,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 199900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MLT FAM DWLG
  • Lot Size Acres: 0.1891
  • Lot Size Sq Ft: 8237

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Grounds Care,Sewer,Trash Collection
  • Total # Leasable: 2

Multi Family

  • Income Includes: Parking
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-006-021-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
Dec 9, 2016
Sold by
Pham Anna J and Pham Ho
Bought by
Felix Samantha S
Seller's Agent
Jeffrey Green
Allison James Estates & Homes
Buyer's Agent
Santi Salcido
Century 21 Select Real Estate
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%
Current Estimated Value
$395,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,412
Avg. Annual Appreciation
8.13%
Original Mortgage
$146,250
Outstanding Balance
$117,912
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$277,500

Purchase Details

Closed on
Mar 2, 2012
Sold by
Pham Anna J
Bought by
Pham Anna J and Pham Ho

Purchase Details

Closed on
Dec 2, 2011
Sold by
Pham Ho
Bought by
Pham Anna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,925
Interest Rate
4.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2011
Sold by
Wheat Ronald G
Bought by
Omega Ventures

Purchase Details

Closed on
Jun 12, 2006
Sold by
Wheat Ronald G
Bought by
Wheat Ronald G and Wheat Katherine A

Purchase Details

Closed on
Feb 20, 2003
Sold by
Wheat Katherine A
Bought by
Wheat Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 1998
Sold by
Wheat Katherine A
Bought by
Wheat Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1998
Sold by
Riddle Jo Anne and Riddle James
Bought by
Wheat Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Felix Samantha S $195,000 First American Title Company
Pham Anna J -- None Available
Pham Anna J -- Old Republic Title Company
Pham Anna J $80,000 Old Republic
Omega Ventures $58,000 Accommodation
Wheat Ronald G -- None Available
Wheat Ronald G -- Stewart Title Of Modesto
Wheat Ronald G -- North American Title Co
Wheat Ronald G $110,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felix Samantha S $146,250
Previous Owner Pham Anna J $59,925
Previous Owner Wheat Ronald G $115,000
Previous Owner Wheat Ronald G $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $195,000 -7.1% $95 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $210,000 -- $102 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,754 $226,309 $46,420 $179,889
2024 $2,635 $221,872 $45,510 $176,362
2023 $2,597 $217,522 $44,618 $172,904
2022 $2,535 $213,258 $43,744 $169,514
2021 $2,390 $209,078 $42,887 $166,191
2020 $2,433 $206,935 $42,448 $164,487
2019 $2,378 $202,878 $41,616 $161,262
2018 $2,268 $198,900 $40,800 $158,100
2017 $2,216 $195,000 $40,000 $155,000
2016 $1,022 $84,880 $21,219 $63,661
2015 $1,009 $83,606 $20,901 $62,705
2014 $943 $81,969 $20,492 $61,477
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Green

    Seller's Agent in 2016

    Jeffrey Green

    Allison James Estates & Homes

    (209) 495-2200

    3 in this area

    46 Total Sales

    Jeffrey Green
    Section Image
  • Santi Salcido

    Buyer's Agent in 2016

    Santi Salcido

    Century 21 Select Real Estate

    (209) 568-7391

    1 in this area

    90 Total Sales

    Santi Salcido
    Section Image
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Map

Source: MetroList

MLS Number: 16060164

MetroList

APN: 037-06-21

California Stanislaus County Modesto 95351 West Modesto

1505 Picardy Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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